jpmorgan, citi, barclays, deutsche bank and we're seeing increased fees on the debt capital market side, up 14% over last year, which will bode well for those kind of traditional bond houses as they report earnings next quarter. >> matthew tool, thank you very much for joining us this morning. >> all-time low average on high yield debt activity. >> it's been on a tear. absolute tear. and you get the sense it that it's not over yet. >> still to come, we'll also have a look at how the u.s. economy is fairing the lead up to the presidential election and it's tee time in chicago. >> you like any kind of tee time. we'll leave you with a look at how futures are trading. >>> european stocks trade higher as investors a wait the results of a stress test that could put recap at about 60 billion euros. >> plus the latest budget in paris. will hollande bring the deficit down without damaging growth. >> and r.i.m. posts another quarterly loss, but it wasn't quite as bad as expected. we're nearing the end of the quarter, so let's put the quarter in contest for you. dow jones industrial average has be